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Can a title loan company put a boot on your car if you do not own the the car in AZ?
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What happens if you Car title loan in default and car is totaled?
Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.
Can a title loan company call the car in stolen?
No they can not!
Can one title loan company find out if you already have a title loan?
Yes, they would obviously know about it. When a title loan company offers you a title loan, it will check the car title well in advance. When it checks the title, it will easily come to know about any liens.
What do you do if you lose the title to your car and it has a lien on it that you are default in?
You didn't have the title to begin with. The loan company or bank does. So, you didn't loose it, but you may loose the car since it is in default . The loan company/bank owns the car, not you.
If i didn't pay my title pawn and they don't come get my car what can i do about the title?
Assuming you used the car's title to guarantee the loan - IF you fail to repay the loan, they can repossess your car ANY time they want to ! The title of the car remains the property of the loan company until you repay your debt.
Can a loan company that has a lean on your title to your car just comae and take your car?
Yes.
If a car was paid for and then you took out a title loan against it for twice the vehicle's value can the title loan company repossess it?
Why would they NOT be able to repo a car they purchased the title to? READ your contract.
Can a title loan company repo your car on private property?
Yes they can
Can I ask for a title loan when purchasing a new car.?
No. You are not able to get a title loan on a car that is not fully owned by you. By this it means if there is a lean on your vehicle you are not able to get a loan on it, because it is not yours to give away if you do not pay your loan off with the company.
Can a title loan company repo a car that wasnot on the title loan agrement for nonpayment?
They can only repossess the vehicle which was on the loan agreement. Taking any other vehicle is theft.
Who is responsible for a deceased mother's car loan if the loan company is holding the title as collateral?
Nobody is responsible for the loan if there was on cosigner. If the car was inherited by someone, then that person has a right to pay the debt owed and take possession of the title.
What is a title loan?
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
